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Listed 2 months ago

8420 Creditview Road

Credit Valley, Brampton

$2,199,990

Detached|Bungalow
4 | 4 | 23
About this home

A rare opportunity for end users, investors, and custom home builders alike. Situated on approximately 1.25 acres with an impressive 125 ft x 433 ft lot backing directly onto the Eldorado Park ravine, this property offers exceptional privacy, breathtaking views, and outstanding future potential. Survey work has been completed and custom home designs are available, providing a head start for those looking to create a spectacular luxury estate.The renderings shown are conceptual images provided for illustrative purposes only and are intended to showcase the redevelopment potential of the property. They do not represent the existing residence currently situated on the lot.The existing bungalow features 4 spacious bedrooms and a professionally finished 3 bedroom walkout basement completed with permits. Large picture windows throughout the home capture stunning ravine views and natural light year round.A grand circular driveway with dual entrances accommodates over 25 vehicles. Unlike many estate properties, this home benefits from full municipal services including city water, city sewer, and natural gas. Whether you choose to enjoy the existing residence, renovate, invest, or build your dream home, this is a truly rare opportunity to own one of Brampton's most desirable ravine lots.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$9,581
Lot Size125.17 ft x 433.42 ft
mls© NumberW13428974
Listed ByCENTURY 21 PROPERTY ZONE REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,261
Property tax
$798
Heat allowance
$150
Housing costs
$12,209 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $439,998
25-yr amortization

Income needed

$376,000

gross annual household income

Payment at 4%
$9,258 / mo
Cash down
$439,998

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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